Maybe if you have kids, otherwise that's just self-imposed exile. Not much fun to be had in a suburb if you're loaded and childless. Lots of driving though.
Depends on what you want to do. Most childless couples I know moved away from their younger city lives. They don’t think of being “exiled” from restaurants or whatever. They’re closer to parks, hiking, friend. They’re able to do hobbies you can’t in the city like woodworking or whatever. And as for driving - it is much easier and painless away from cities. High density without matching roads makes driving painful. But low and medium density with lots of parking makes it great - driving then just becomes a means to live a high quality life.